Best FRISS Alternatives in 2026
The top FRISS alternatives are Aon PathWise, FIS Insurance Risk Suite and SAS Insurance: 15 insurance analytics software our editors would look at instead of FRISS, in our ranking order.
FRISS: Connects underwriting, claims, investigations and compliance screening in a cloud platform. Where it falls short: pricing requires contacting FRISS.
Switching from FRISS? For most insurance analytics software buyers the best FRISS alternative is Aon PathWise, built for enterprise actuarial and financial risk analytics.
Why People Look for an FRISS Alternative
- Pricing requires contacting FRISS
- Cloud deployment may not suit teams requiring another deployment model
- Email is the listed support channel
Quick Picks by What You Need
- Best overallAon PathWise9.4
Enterprise actuarial and financial risk analytics
Visit Aon PathWise
All 15 FRISS Alternatives, Ranked
Advertiser disclosure: iTechGuides is reader-supported. Vendors can pay for top positions in our rankings and for a place on other products' pages, and we may earn a commission when you click some links. Bought places stand at the number bought; this page and our disclosure say so. Paying vendors may get a fuller, more detailed review from our editors, and that review can change their score. How we rank.
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Best forEnterprise actuarial and financial risk analytics
- Better than FRISS:
- Editor score 9.4 vs 7.0
A broad actuarial and risk platform for enterprise life and annuity insurers and reinsurers.
9.4/10★★★★★Visit Aon -
Best forInsurers needing end-to-end actuarial risk management
- Better than FRISS:
- Editor score 9.3 vs 7.0
A broad actuarial and risk suite for insurers that need connected modeling and reporting.
- Catastrophe modeling
9.3/10★★★★★Visit FIS -
Best forInsurers needing governed analytics and reporting
- Better than FRISS:
- Editor score 9.2 vs 7.0
A broad insurance analytics portfolio for insurers managing actuarial, capital and regulatory work.
- Catastrophe modeling
9.2/10★★★★★Contact SAS -
Best forGuidewire-centered insurance analytics teams
- Better than FRISS:
- Editor score 9.1 vs 7.0
A broad analytics portfolio built around Guidewire workflows for insurers.
9.1/10★★★★★Contact Guidewire -
Best forInsurers modeling catastrophe risk across portfolios
- Better than FRISS:
- Editor score 9.0 vs 7.0
A broad insurance analytics portfolio with Touchstone for catastrophe and exposure modeling.
- Catastrophe modeling
9.0/10★★★★☆Contact Verisk -
Best forInsurers analyzing portfolio and property risk
- Better than FRISS:
- Editor score 8.9 vs 7.0
Portfolio, property and casualty risk analytics with applications, APIs and consulting.
- Catastrophe modeling
8.9/10★★★★☆Contact Swiss Re -
Best forInsurers managing capital, solvency and profitability
- Better than FRISS:
- Editor score 8.8 vs 7.0
Capital, profitability and Solvency II analysis with cloud and desktop deployment.
- Catastrophe modeling
8.8/10★★★★☆Visit WTW -
Best forCommercial insurers modernizing pricing workflows
- Better than FRISS:
- Editor score 8.6 vs 7.0
A governed pricing and portfolio platform for commercial insurers, reinsurers, and MGAs.
- Catastrophe modeling
8.6/10★★★★☆Visit site -
Best forLife insurers needing actuarial projections and ALM
- Better than FRISS:
- Editor score 8.5 vs 7.0
A life-insurance modeling system spanning pricing, projections, reporting and ALM.
8.5/10★★★★☆Contact Milliman -
Best forInsurers governing pricing and underwriting analytics
- Better than FRISS:
- Editor score 8.4 vs 7.0
Govern pricing models and underwriting workflows while connecting them to core systems.
8.4/10★★★★☆Visit Optalitix -
Best forEstablished claims and policy fraud programs
- Better than FRISS:
- Editor score 8.3 vs 7.0
A fraud-focused analytics product for insurers managing claims, policy and network investigations.
8.3/10★★★★☆Contact PwC -
Best forPersonal-injury medical claims operations
- Better than FRISS:
- Editor score 7.9 vs 7.0
Medical-record analysis and advisor workflows for personal-injury claims teams.
7.9/10★★★★☆Visit Verisk -
Best forInsurance compliance and adverse-media screening
- Better than FRISS:
- Editor score 7.9 vs 7.0
A compliance-focused risk database with AI filtering and continuous monitoring.
7.9/10★★★★☆Visit Moody’s Grid -
Best forMid-market and enterprise insurers monitoring supplier risk
- Better than FRISS:
- Editor score 7.9 vs 7.0
Supplier risk intelligence with monitoring, alerts, scorecards and supply-chain mapping.
7.9/10★★★★☆Contact Moody’s -
Best forBenefits enrollment and COBRA administration
- Better than FRISS:
- Editor score 7.9 vs 7.0
A configurable benefits and COBRA administration platform for mid-market and enterprise employers.
7.9/10★★★★☆Visit WTW
FRISS Alternatives: Common Questions
What is the best alternative to FRISS?
Aon PathWise: #1 in our Insurance Analytics Software ranking, with an editor score of 9.4 out of 10. A broad actuarial and risk platform for enterprise life and annuity insurers and reinsurers.
Why do people look for FRISS alternatives?
Pricing requires contacting FRISS; Cloud deployment may not suit teams requiring another deployment model; Email is the listed support channel.
How do I switch from FRISS?
Export your data from FRISS (most tools have an export in their settings). Sign up for the alternative; start on its free plan or trial if it has one. Import your export and set up the integrations your team relies on. Run both side by side for a short while, then cancel FRISS.
How to Switch from FRISS
- Export your data from FRISS (most tools have an export in their settings).
- Sign up for the alternative; start on its free plan or trial if it has one.
- Import your export and set up the integrations your team relies on.
- Run both side by side for a short while, then cancel FRISS.
FRISS vs Each Alternative
| # | Tool | Paid from | Analytics areas | Modeling methods | Score |
|---|---|---|---|---|---|
| 26 | FRISS | Underwriting risk assessment; claims fraud analytics; special investigations; compliance screening; claims media verification | AI; predictive models; text mining; network analysis; risk and fraud indicators | 7.0 | |
| 1 | Aon PathWise | pricing; product development; projections; valuation; financial reporting; capital management; asset-liability management; hedging; economic scenario generation; risk analytics | stochastic simulations; nested simulations; real-world and risk-neutral economic scenario generation | 9.4 | |
| 2 | FIS Insurance Risk Suite | Actuarial modeling; cash-flow and asset-liability management; capital modeling; pricing; reserving; claims analysis; reinsurance; risk and regulatory reporting | Deterministic and stochastic scenarios; actuarial models; machine-learning predictive analytics; generalized linear models (GLMs); generalized additive models (GAMs); tree, boosted and bagged methods; unsupervised clustering and anomaly detection | 9.3 | |
| 3 | SAS Insurance | underwriting; claims; fraud detection; risk and compliance; actuarial modeling; pricing and ratemaking; capital management; regulatory reporting | actuarial frequency/severity distributions; premium and risk modeling; explainable machine learning; stress testing; sensitivity analysis | 9.2 | |
| 4 | Guidewire Analytics | Underwriting and risk selection; pricing; claims triage, settlement and performance; policy, billing and claims business intelligence; cyber risk; catastrophe claims response | Neural networks (including deep neural networks), decision trees, GLM/GAM, text mining; import of models built in R and Python | 9.1 | |
| 5 | Verisk Insurance Analytics | underwriting, claims, fraud detection, market analysis, catastrophe risk assessment | catastrophe loss modeling; geospatial deterministic risk analysis; custom non-Verisk models | 9.0 | |
| 6 | Swiss Re P&C Analytics | Portfolio analysis and optimisation; property risk and exposure; motor underwriting and pricing; commercial insurance; liability pricing and accumulation risk; market growth strategies | Proprietary risk modelling; actuarial expertise; data analytics; forward-looking exposure-based modelling; predictive property risk model | 8.9 | |
| 7 | WTW Igloo | Capital and risk modeling; portfolio profitability and risk; reinsurance and exposure limits; Solvency II calculations; capital projections; regulatory reporting | Solvency II standard formula; configurable internal and partial internal capital models; scenario and sensitivity analysis | 8.8 | |
| 8 | hyperexponential hx | Submission triage; pricing and rating; risk assessment; renewals; portfolio monitoring and analysis; reinsurance management; actuarial modeling | Python-based actuarial calculations; quota-share, excess-of-loss, and property catastrophe treaty models; loss-curve benchmarking; what-if and scenario analysis | 8.6 | |
| 9 | Milliman MG-ALFA | Product development and pricing; financial management and reporting; risk management; regulatory compliance; asset-liability management; planning and forecasting | Actuarial projections; stochastic financial projections | 8.5 | |
| 10 | Optalitix | Pricing and underwriting analytics; quote and conversion analysis; model performance; portfolio risk exposure; pricing trends; reinsurance pricing and loss analysis | Excel, Python, R, SQL and GLM models; loss distributions; IBNR forecasts; loss simulation; scenario testing | 8.4 | |
| 11 | PwC Risk Detect for Insurance | Claims fraud; policy fraud; organized fraud networks; investigation analytics | Multi-layered analytics; risk indicators; machine learning; generative AI | 8.3 | |
| 12 | Mavera DSS | 7.9 | |||
| 13 | Moody's Grid | 7.9 | |||
| 14 | Moody’s Supplier Risk | 7.9 | |||
| 15 | BenefitConnect | 7.9 |
Reviewed by iTechGuides Editors · Editorial team · Updated Nov 2026
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